1.If a box has 7 red flowers and 5 white flowers, what is probability that we will pick a red flower if a flower is picked at random from the box? Let us say that we put the flower in our first pick back into the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box? Now let us assume that the flower in our first pick is set aside and not put back in the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box?

2.Provide an example of a discrete data in your work situation that at least approximately obeys the rules for the Binomial distribution.

3.What are the characteristics of a normal distribution? The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow normal distribution? Explain why.

4.Insurance companies charge teenagers a higher premium for auto insurance while they charge the elderly a higher premium for life insurance. How can you use probability concepts to explain that?

1.If a box has 7 red flowers and 5 white flowers, what is probability that we will pick a red flower if a flower is picked at random from the box? Let us say that we put the flower in our first pick back into the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box? Now let us assume that the flower in our first pick is set aside and not put back in the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box?

2.Provide an example of a discrete data in your work situation that at least approximately obeys the rules for the Binomial distribution.

3.What are the characteristics of a normal distribution? The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow normal distribution? Explain why.

4.Insurance companies charge teenagers a higher premium for auto insurance while they charge the elderly a higher premium for life insurance. How can you use probability concepts to explain that?

1.If a box has 7 red flowers and 5 white flowers, what is probability that we will pick a red flower if a flower is picked at random from the box? Let us say that we put the flower in our first pick back into the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box? Now let us assume that the flower in our first pick is set aside and not put back in the box. What will then be the probability that we will pick a red flower in our second pick if a flower is picked at random from the box?

2.Provide an example of a discrete data in your work situation that at least approximately obeys the rules for the Binomial distribution.

3.What are the characteristics of a normal distribution? The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow normal distribution? Explain why.

4.Insurance companies charge teenagers a higher premium for auto insurance while they charge the elderly a higher premium for life insurance. How can you use probability concepts to explain that?